TSMC Reports Strong Q4 Revenue Amid AI Demand

• TSMC's Q4 2024 revenue hit T$868.42 billion ($26.36 billion), exceeding market forecasts.

• The 34.4% year-over-year growth reflects AI-driven demand, offsetting declining consumer electronics sales.

• Major clients like Apple and Nvidia have positioned TSMC at the forefront of AI advancements.

• Revenue surpassed the analyst estimate of T$853.57 billion and met TSMC’s October forecast range of $26.1–$26.9 billion.

• TSMC continues to benefit from its leadership in cutting-edge chip manufacturing for AI technologies.